IDEAS home Printed from https://ideas.repec.org/p/ags/uersmp/327162.html
   My bibliography  Save this paper

Regional Soybean Acreage Response Analysis and Projections for 1974

Author

Listed:
  • Evans, R. Samuel
  • Kenyon, David E.

Abstract

Regional acreage response equations were developed to measure the impact of price, government programs, and lagged acreage on harvested soybean acreage. Effective prices for soybeans, corn, cotton, and oats were computed incorporating market prices, support prices and the main supply increasing or decreasing effects of allotments, diversion payments and set-aside provisions. Special attention was given to the impact on harvested soybean acreage of the Feed Grain Programs of 1961-70. The equations were developed to permit projections of soybean acreage based on data available through March of the current year. For the period 1948 to 1978, the model explains 99 percent of the variation in soybean acreage, and for the period 1966-73, projections averaged within three-fourth million acres of actual harvested acreage.

Suggested Citation

  • Evans, R. Samuel & Kenyon, David E., 1974. "Regional Soybean Acreage Response Analysis and Projections for 1974," Miscellaneous Publications 327162, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:327162
    DOI: 10.22004/ag.econ.327162
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/327162/files/ERS-553.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.327162?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ryan, Mary E. & Abel, Martin E., 1972. "Corn Acreage Response and the Set-Aside Program," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 24(4), pages 1-14, October.
    2. J. P. Houck & M. E. Ryan, 1972. "Supply Analysis for Corn in the United States: The Impact of Changing Government Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 184-191.
    3. Hoffman, Robert G., 1973. "Wheat -- Regional Supply Analysis," Miscellaneous Publications 324762, United States Department of Agriculture, Economic Research Service.
    4. Ryan, Mary E. & Abel, Martin E., 1973. "Oats and Barley Acreage Response to Government Programs," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 25(4), pages 1-11, October.
    5. Houck, James P. & Ryan, Mary E., 1972. "Supply Analysis For Corn In The United States: The Impact Of Changing Government Programs," Staff Papers 13554, University of Minnesota, Department of Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Langley, James A., 1983. "Regional acreage response functions for major US field crops: estimation and policy implications," ISU General Staff Papers 198301010800008678, Iowa State University, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chembezi, Duncan M. & Womack, Abner W., 1992. "Regional Acreage Response For U.S. Corn And Wheat: The Effects Of Government Programs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(1), pages 1-12, July.
    2. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Investigation," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-10, December.
    3. Danin, Yigal, 1976. "A Simple Analysis Of Acreage Response To Some Agricultural Programs," Staff Papers 13889, University of Minnesota, Department of Applied Economics.
    4. Arzac, Enrique R., 1979. "An Econometric Evaluation Of Stabilization Policies For The U.S. Grain Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-14, July.
    5. Bailey, Kenneth W. & Womack, Abner W., 1985. "Wheat Acreage Response: A Regional Econometric Approach," CNFAP Staff Reports 244132, Food and Agricultural Policy Research Institute (FAPRI).
    6. Vroomen, Harry L. & McClelland, John W., 1987. "Misspecification Of Time Series Models In U.S. Agricultural Response Analysis," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270117, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Shideed, Kamil H. & White, Fred C., 1989. "Alternative Forms Of Price Expectations In Supply Analysis For U.S. Corn And Soybean Acreages," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(2), pages 1-12, December.
    8. Langley, James A., 1983. "Regional acreage response functions for major US field crops: estimation and policy implications," ISU General Staff Papers 198301010800008678, Iowa State University, Department of Economics.
    9. Grant, Warren R. & Beach, John & Lin, William, 1984. "Factors Affecting Supply, Demand, And Prices Of U.S. Rice," Staff Reports 277629, United States Department of Agriculture, Economic Research Service.
    10. Haile, M.G. & Kalkuhl, M., 2014. "Volatility in the international food markets: implications for global agricultural supply and for market and price policy," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 49, March.
    11. Kanlaya J. Barr & Bruce A. Babcock & Miguel A. Carriquiry & Andre M. Nassar & Leila Harfuch, 2011. "Agricultural Land Elasticities in the United States and Brazil," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(3), pages 449-462.
    12. Just, Richard E., 1992. "Discovering Microeconomic Relationships in Agriculture," 1992 Conference (36th), February 10-13, 1992, Canberra, Australia 146530, Australian Agricultural and Resource Economics Society.
    13. Umanath Malaiarasan & R. Paramasivam & K. Thomas Felix & S. J. Balaji, 2020. "Simultaneous equation model for Indian sugar sector," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 22(1), pages 113-141, June.
    14. Soule, Meredith J. & Nimon, R. Wesley & Mullarkey, Daniel J., 2001. "Risk Management And The Environment: Impacts At The Intensive And Extensive Margins," 2001 Annual meeting, August 5-8, Chicago, IL 20670, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Holt, Matthew T., 1989. "Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market," Staff Papers 200480, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    16. Wu, JunJie & Adams, Richard M., 2002. "Micro Versus Macro Acreage Response Models: Does Site-Specific Information Matter?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 27(1), pages 1-21, July.
    17. Rausser, Gordon C. & Lichtenberg, Erik & Lattimore, Ralph, 1981. "Developments in theory and empirical applications of endogenous governmental behavior," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt34j553k1, Department of Agricultural & Resource Economics, UC Berkeley.
    18. Weaver, Robert D. & Krainik, Amy, 1979. "Policy Control of Corn Acreage: A Re-examination," Staff Paper Series 256837, Pennsylvania State University, Department of Agricultural Economics and Rural Sociology.
    19. Ornelas, Fermin S. & Shumway, C. Richard, 1993. "Multidimensional Evaluation Of Flexible Functional Forms For Production Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-13, December.
    20. Lin, Chien-Pang & Barkley, Andrew P., 1997. "Declining Commodity Program Payments and Enhanced Environmental Regulations: Impacts on Acreage Allocation in the Great Plains," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35932, Western Agricultural Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersmp:327162. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.